Missouri Payday Loans

Understanding the regulations for cash advance lending is contingent upon each individual state. Payday lending in the state of Missouri is governed by a set of law that was enacted in 2002. Unlike other states, Missouri does not place a limit on the number of loans a borrower can have at one time. The state also allows for up to six extensions on loans, which is much more generous that other areas. Lenders, such as those in Kansas City and Springfield, are also allowed to charge fees and interest of up to 75 percent of the loan principal. Criminal action is not allowed against borrowers unless the default involved a closed bank account or a stop-payment on a check. Other fees can be charged for non-sufficient funds, the cost of a lawyer and court filing expenses.

Maximum Principal

Consumers can borrow up to $500 through a cash advance.

Length of Loan

Loan terms can range from 14 to 31 days.


Extensions and rollovers are granted up to six times, but the borrower must pay at least 5 percent towards the loan principal each time.


Cash advance companies may not charge over 75 percent of the original loan amount. This means that a finance fee for a two-week loan could be $75 for every $100 borrowed.


The APR for a payday loan of $100 with a two week term is 1980 percent. 

1031 East Battlefield Street Suite 112B
Springfield, MO 65807
Check Into Cash of Missouri
1929 East Independence Street
Springfield, MO 65804
Electronic Check Services Inc
1615 S Ingram Mill Rd Bldg B
Springfield, MO 65804
1937 South Glenstone Avenue
Springfield, MO 65804
Guaranty Federal Savings Bank
2109 North Glenstone Avenue
Springfield, MO 65803
Check'n Go
9139 Hillcrest Road Suite A
Kansas City, MO 64138
Cash Country USA
2021 North Glenstone Avenue
Springfield, MO 65803
Midwest Check Recovery
1615 S Ingram Mill Rd, # A
Springfield, MO 65804
Columbia National, Inc.
3903 South Campbell Avenue
Springfield, MO 65807
Cash Express Inc
525 South Glenstone Avenue
Springfield, MO 65802

Missouri Loan Statistics

Pay Schedule
Average Loan Average Age Weekly Bi-Weekly Monthly Twice Per Month Home Owner Renter